I have to say that I have never seen anything like that on a SIG product with SIG-quality materials. I have seen something exactly like it on Ringmasters, with the poor quality double material and the maple just under the engine cutout.
I strongly suggest fixing this. If it was me, I would splice on an entire new nose, taking care to use proper materials - 1/16 or 3/32 aircraft plywood doublers, and 1/2x3/8 sugar maple/rock maple mount material.
Cut off the existing nose at the wing with 45-degree cuts top and bottom
strip off any remaining doubler material and paint and glue back to about the trailing edge of the wing.
Cut a new nose to fit your cuts from 1/2" balsa, tack in place, and mark the motor mount cutouts to make sure they will wind up parallel to the wing.
Pop the nose back off, cut out the motor mount and slots for the maple bearers.
Cut out doublers that go to about the trailing edge of the wing, with 45 degree angles on the tail end, and that fit around the wing closely.
Remount the nose, glue in the motor mounts, and when it is all solid, apply the doublers. You will have to distort them to get around the high point of the wing. Use 30-minute epoxy for all gluing.
Once you have it all together, file/sand the nose to the final shape.
Drill the engine mount holes and the mount holes for the landing gear and tank.
Fiberglass the entire nose with 3/4 ounce glass and epoxy, finish.
Cut down your G10 doublers to be about 1/2" wide and about 1/2" longer than the motor mount lugs. Drill holes for the screws to go through, but do not glue them in place, just let them float under the engine, held by the screws.
Reinstall LG and tank, good to go.
Another note - keep a very close eye on that DuBro fuel filter. They are notorious for coming apart, the plastic part falling out of the barrel or leaking air. If it is loose, push it in as far as you can, crimp the end of the aluminum over the end of the plastic, and then dribble epoxy around the rear end of it for a seal.
Brett